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>> this week on the journal, editorial report, president obama's fuzzy math. he says closing the loophole isn't enough and that the tax rates must go up for top earners. does he really want to avoid the coming tax cliff? plus, the petraeus scandal further muddies the benghazi probe. was the account of this in any way related to his affair. and the u.s. on track to be be the largest oil producer, but will the obama administration let it happen or turn an oil boom into a bust? welcome to the journal editorial report, i'm paul gigot. headed into friday, fiscal cliff talks with congressional leaders, president obama gave us a hit list of his negotiations strategies, repeating his intention to immediately raise tax rates on top earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it which would cost close to a trillion dollars and it's very difficult to see how you make up that trillion dollars if we're serious about deficit reduction, just by closing loopholes and deductions. the math tends not to work. >> paul:
relationship with president obama? >> i'm told that a coweuple of years ago when he was still commander in afghanistan, there was tension with members in the white house staff. when they were reviewing the options on whether to put in more troops, options to box the president in. i've been told in the last couple of years that relations are very good with the president. very trusting. i was told that general petraeus submitted this heter of resignation yesterday and that obama agonized over this for the last 24 hours. did not want to sign it. did not want to accept it. but that petraeus urged him. >> and fran, i know that won't come as a surprise to you, but what about the security concerns? if we're hearing this came to light as a result of an fbi inv investigation into possible compromise of general petraeus' computer, what might she have had access to? >> it was a counterintelligence investigation. what that tells you, either the concern he would have given her access inappropriately to either classified information or national security makinformatioi fipd that hard to believe. the f
community and our country. i wish president obama had not accepted this resignation but i understand and respect the decision. c.i.a. director michael morrel will head the c.i.a. until now until they decide on another director. >> heather: molly henneberg, live. >> gregg: we are learning more about david petraeus had the affair with, paula broadwell that served as active duty captain. was promoting lieutenant colonel. she has taught international security and research associate at harvard's center for public leadership. in her early life she was valedictorian and homecoming queen. two meant back in 2006 when he spoke at harvard and later with his cooperation she begin a doctoral dissertation that included a ks study of petraeus's leadership which resulted in a book on his career. >> heather: his resignation comes days before he was set to meet with lawmakers about the deadly attack in benghazi, libya. at this trial we understand he will no longer take part in the discussion. what does it mean for the investigation moving forward? tune in tomorrow for a fox news exclusive. california
their ideas after president obama met with ceos two weeks ago. a big deal should include spending cut and reforms. >> chief white house correspondent ed henry is reporting that both sides cannot agree on whether they are still talking. >> the republicans suggest fiscal talk hit impasse and demand that president obama show leadership to break it. >> we'll wait on the president and hope he can bring people together to forge a compromise. if he does, we will get there and if he doesn't, we won't. that simple. white house released a report on cyber monday warning that a deadlock would crush retailer and devastate consumer spending, white house spokesman carney pushed back on the idea that the talks are stalled, as well as that the president is not showing leadership. >> so he spent mixed signals on the white house willingness to make concessions. >> he is clear about the president's interest and willingness to compromise. but also, his clear insistence that he will not sign an extension of the bush era tax cuts for the top 2%. >> democratic lawmakers are sending mixed signals whether they
11th attack on the u.s. mission in libya, his testimony now raises more questions about the obama administration's account in the days after the assault. chief intelligence correspondent catherine herridge reports from capitol hill. good evening. >> thank you, the former cia director is used to coming in the front door and today shunned reporters and entered the loading dock and briefed the house and senate intelligence committee. the former cia director was pushed to explain why today he said he believed it was terrorism from the start when on september 14th, according to a senior republican in the house, the directors emphasis was on the anti-islam film. >> his testimony today was that from the start he had told us that this was a terrorist attack, a terrorist involved from the start. i told him my questions i had direct questions. >> one democrat said the disagreements come down to a basic issue. >> the more significant issue was the element of planning and who was responsible and that wasn't clear. to what degree this was planned. >> a congressional source familiar with this w
. it doesn't really like those things. and it certainly didn't get thrilled when obama won the first time. pretty miserable now that he's won again. in fact, it can't believe it. it looks at your america, this world of the actual election results, as a stranger in a strange land. for days now it's been in a daze wandering around wondering, what gimmick switched the channels? what odd happening bounced them from the world they believed in, saw all around them, to the world they find themselves so suddenly and shockingly now a part of, the world that is truly undeniably america. i'm joined to talk about this by the former rnc chair michael steele and mother jones washington bureau chief david corn. he's the author of the ebook "47 percent ,"a great book and a great get. he's an msnbc political analyst. let's start now. in politico jonathan martin describes the gop media cocoon writing, in this reassuring conservative pocket universe rasmussen polls are gospel, the benghazi controversy is worse than watergate, fair and balanced isn't just marketing, and dick morris is a political seer. this
>>> president obama has named michael morell as the acting cia director. it is not clear who will testify on next week's benghazi attack. >>> many are questioning how many with an impeccable military record could be brought down by an extramarital afare. joining me now jack jacobs. welcome to you, colonel. i know you have known this man for an awfully long time. he was a cadet while you were teaching him at west point. talk about him in general as a man and general. >> very smart kid. spoke very well, always did very well. full of energy. very smart in thought as generals, potential generals should. far, far ahead of what's happening right now. always thought of consequences, which is something of an irony in the circumstances. and not surprisingly rose very, very quickly up through the ranks. >> which by that description you find shocking this if he's a man who looks at consequences of actions. this is something that took him down not as a result of him trying to cover up an affair but fbi being alert today look into some level of impropriety. >> yeah. my understanding is th
. president obama ran on fairness, and he's about to deliver. we're already seeing this president standing strong on the key issues that won this election. fairness. i was part of a group that met with him today at the white house. he is not backing down. he knows that making this a more fair country, protecting the middle class, is the central issue of our time he will ran on fighting for a system that works for everyone. where everyone gets a fair shot at the american dream. before our group of civic leaders met with the president, he met with the democratic and republican leaders. they know he has it the upper hand. they know he holds the cards in this fight. with the threat of the fiscal cliff looming, that -- when that happens, you're going to see a winner and a winner who won the national election. the republican leaders even the republican leaders seem to get that today. their words were such a change from what we've heard from them before. to show our serious sez, we've put revenuen ot table as long as it's accompanied by significant spending cuts. we're prepared to put revenue on
this is an enormous loss for our country and intelligence community. i wish president obama had not accepted this resignation but i understand and respect the decision . as for the decision that unearthed the affair. agents didn't find evidence of criminal activity. we want to update you on something that is breaking tonight. flash point of law makers. chair and ranking members were not informed of the fbi probe which apparently they are supposed to be if it involves a senior administration official. we heard from a senior staffer who told fox news that chairman mike rogers was briefs and rogers had serious questions and concerns about the circumstances surrounding it manage that we are keeping an eye on. we don't know who knew what and when and questions of having to do the investigation on september 11 and the attack on benghazi. they are looking to see if david petraeus will sit and talk with law makers any possibility of that? >> not this week. but those on capitol hill are making it clear they want to hear from the general in the future. >> i hope we have to subpeona the four star and f
. stuart varney with us this morning. martha: president obama will face report,for his first news conference since his reelection. it starts at 1:30 eastern i am. we understand he will join vice president biden in a meeting with the heads of some of america's largest companies to talk about the fiscal cliff and to talk about ways to generate jobs in this country, this comes a day after the meeting he had yesterday which was first on the agenda to sit down with the nation's top labor leaders. bill: what if they fail on this cliff. nearly all americans will see a tax increase while across-the-board spending cuts take effect. so far there is no plan from democrats or republicans that both sides can agree on. but senate minority leader mitch mcconnell says he's ready to reach across the aisle. >> we are ready to find common ground on revenue. but we are also not about to further weaken the economy by raising tax rates and hurting jobs. bill: in 30 minutes, what would steve forbes do? martha: that's a question i always ask myself. in this situation, what would steve forbes do? pill * t
more about what each side is kill willing to concede in this argument president obama meets with leaders later in the week. this morning we'll meet with house majority leader eric cantor live in "america's newsroom.". next hour we talk to him where these negotiations are. how much each side is willing to give up and what they want in return. ultimately will they get a deal? eric cantor coming up next hour. martha: it is all in the language and semantics of these discussions. as u.s. lawmakers continue all this wrangling over some kind of budget deal we work towards here at home, european lawmakers are meeting today on their financial crisis, a lot of which presented the picture americans would like to avoid. ministers from 17 countries will get together. they try to hammer out a plan that will prevent greece from going bankrupt. they have been trying to agree on a new solution there for weeks. >>> also overseas this morning there are major developments to tell you about in egypt. new protests breaking out after egyptian president mohammed morsi announced far-reaching powers
. >> gretchen: people are thankingar military veterans for service and sack face. president obama marked the somber day with a wreth laying. in the vietnam memorial, veterans marking a major milestone. this year is the 50th anniversary of the war. there is a cross in the mojabi desert and after a lengthly legal battle it reinstall dedicated yesterday. those are the headlines. >> steve: straight ahead. republicans have a plan to raise government revenue without hiking taxings. anti-tax advocate grover norquist thinks so. he will join us next. >> brian: you want a burger for lunch? sorry. one city trying to declare meatless monday. good news for the cow. ♪ it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay, and then i get up to 15% cash back -- put into my account. ♪ i know, right? [ male announc ] introducing bankamerideals, free for online banking customers. sign into your online banking to choose your deals t
, who passed it along to the fbi director mueller. the white house says that president obama didn't find out about the affair until thursday that, means congressman rikert and kantor knew, the investigate the fbi was investigating the director of the cia before the president did. >> thank you very much. the president has release aid timeline from the pen ben attacks, it doesn't match up with the cia version. the pentagon says it started at 9:42 a.m. in libya. but the cia says it started at 9:40. and leon panet taand joint chiefs of staff chairman, general martin dempsey were not notified until almost an hour after it began. secretary panetta did not give orders for backup until 5 hours later. read more about this and the coverage of the story on fox news dot-com. she has been breaking news all along. will the new revelations help congress figure out who is to blame for the attack and the lack of response? joining us, two members of the house oversight committee. gentlemen, welcome to you both. >> thank you. good to be here. >> hanks. >> jamie: congressman kucinich, do you have any concer
. president obama's warning both sides upon to ramp up the fighting in the middle-east, even as he supports israel's right to defend itself. the president is monitoring the crisis closely, as he is in a three-day swing to south asia. wendall is with the president. >> reporter: the president has talks almost dale weprime minister netanyahu and egyptian president morsi and has reached out to the turkish prime minister. he said he would like to see the violence between israel and the palestinians diminish, but says that israel has a right to defend itself. >> israel has every right to expect that it does not have missiles fired into its territory f. that can be accomplished without a ramping up of military activity in gaza, that's preferable. >> reporter: here in thailand, mr. obama's wrapping up the first leg of a three-nation tour, visiting what one analyst calls the troubled children. he goes to burma and cambodia, in burma to urge in theic process and in cambodia, despite the lack of it, there was a wat pot monastery, with the reclining buddha and asked the monk there for prayers, for talk
, they should go after me. >> fighting words from president obama sticking up for one of his own in the face of critics. >> paying the price, is bp reportedly closer to a plea deal over the gulf oil spill that could cost the oil giants a billion dollars. welcome to "early start," i'm john berman. >> and i'm zoraida sambolin. nice to have you with us. it's 5:00 a.m. in the east. >>> this is cnn breaking news. >> we begin this morning with breaking news. a new crisis in the middle east, israeli and palestinian militants exchanging deadly fire near the israel/gaza border. they say it's in retaliation for ongoing rocket attacks into southern israel. >> triggered by an air strike that killed the top hamas military commander. sayre -- sara sidner is following the story. >> reporter: you can see gaza behind me. there has been air strike after air strike after air strike. we ourselves witnessed three air strikes, major hit. we could see fire and then three plumes of smoke. since then we've been also seeing and hearing rockets coming over into southern israel. we now know there are three people who h
by ambassador rice and president obama 3 weeks before an election. bill: that was behind sa -- that was lindsey graham. you are on the record saying you will not support her if she is nominated for secretary of state. but not just because of libya. what is the problem. >> let me clarify that. my first thought is what if susan rice was thrown under the bus and they all knew she didn't have the information from the cia. then i thought you would have to feel sorry for her. since yesterday talking to some of those to whom she talked i'm convinced in my mind that she is part of the coverup, she knew all the time the cia information that was given to her. but your point is very good. i could not support her in the secretary of state if she is nominated. bill: give me a reason why. >> she is on the wrong side of the membership of the u.n. palestinian authority. she is on the opposite side of where i am. she has kept on funding you necessary cowhich is in violation of instructions given to her through law. she is on the opposite side of every issue that i am. for that reason i would have opposed her an
-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat that of state if that is what he decides to do. so we will see. big moment coming up in 26 minutes from now on
. >>> developing now from the white house president obama and congressional leaders right now meeting behind closed doors for negotiations on the so-called fiscal cliff, something that both sides want to avoid but the big question, how much are they willing to give? here's what the president said within the last hour just before the bargaining began. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business and what the folks are looking for and i think all of us agree on this is action. >> nbc's kristen welker is live at the white house. give us a brief on the expectations going in -- open minded or closed minded from both sides? >> reporter: well, i think both sides are definitely open minded but that is not to say there aren't huge hurdles that they have to get over in order to come to some sort of deal to avoid the fiscal cliff which of course by all accounts if they cannot do that it could lead the economy back into a recession. there is certainly a lo
known as myanmar. burma has received the support from the obama administration for its efforts to restore democracy. along with myanmar, the four-day trip will include stops in tie land, cambodia, where he will attend east asia summit. >>> an update on that search for the missing oil rig workers following the explosion in the gulf of mexico. the coast guard is saying it plans to broaden its search for the two men. those who survived the blast were badly burned. it's believed the fire began when a torch was used to cut an oil line. officials were saying they believe an oily sheen in the water is residual oil from the platform and not an oil leak. >>> a new effort by the tsa aimed at reducing the long wait time to airport security checks may offer passengers some relief during the busy holiday traffic season. but now one tsa official is admitting there is a flaw in the system. now more on this story. dominic, what can you tell us? >> that's right. the tsa set up a travelers program about four years ago called precheck. what it does is it prescreens passengers so that when they go
players. >> we need to see president obama move off the position of entitlements and propose real reductions, tangible, real, so there is something to balance with the rather substantial tax proposals. >> shannon: who do you think in the house and senate will be the key folks at the table? some are worried about the fact that maybe party leaders are negotiating what i happening, the committees and the rank and file are not necessarily involved and what will happen, something comes together and they are asked to sign on. narcotics we had senator jeff sessions talking about that. we do not have that. but his argument is that so much is being done in secressy and it is not fair to everyone who should be involved. how concerned should we be about the negotiations? >> i don't think we should be concerned at all about the secrecy. i think it's difficult to come to a deal with the president on one side and 535 members of the congress on the other. but we need to look for is whether someone of stature, like congressman ryan says that these spending cuts are real, substantial and will redu
"spider" marks and retired army brigadier general mark kimmitt. >>> president obama observed veterans day by laying a wreath at the tomb of the unknowns at arlington national cemetery, as he does. he paid tribute to service members who made the ultimate sacrifice. >> on this day we thank all of our veterans from all of our wars, not just for your service to this country, but for reminding us why america is and always will be the greatest nation on earth. >> the president also pointed out that this is the first veterans day in ten years that no americans are serving in iraq. >>> about 50 days to go until the fiscal cliff. the big news this weekend was conservative pundit and weekly standard editor bill kristol telling republicans it was time to fall on their swords. >> the conservative movement has to pull back, let people float their ideas, let's have a serious debate. don't scream and yell when one person says, you know what? it won't -- if we raise republicans. i don't understand why republicans don't hate obama's offer? >> make it a million. >> really the republican party is going to f
the board. that's not going to happen. >> who has the advantage, john boehner or barack obama? >> i think in a sense boehner's got the advantage. look what happened in the election. president obama got a lot less votes this time than he did in 2008. so, he hardly got a mandate from the voters, and boehner's advantage is that if he caves on this, republicans will be the minority party once again in 2014 and that's not going to happen. and he's got a pretty strong hand. if you don't deal with me, we're going to bring down spending substantially. >> mike: he's going to dig in. >> he has to as voters ascared. >> dave: and john says they'll not happen. appreciate it. >> thank you. >> mike: ahead, a hotly contested race, hotter between allen west and his democratic challenger. why an emergency meeting has been called this morning. >> dave: and some of our countries wounded warriors taking a giant leap this veterans day. we'll tell you why. ♪ >> america is honoring our troops were every brush stroke, we're going to talk to this artist. come out and meet him. ♪ i was born free in america tay
of power. >> brian: senator mccain says hey, obama, you got to condemn this guy. listen. >> this is not what the united states of america taxpayers expect and our dollars will be directly related to the progress towards democracy, which you promised the people of egypt when your party and you were elected president. stop. stop renown the statement and the move that he just made. allow the judiciary to function. if the judiciary is flawed in some way, then that is an illness that can be cured over time of the but absolutely to assume this kind of power is unacceptable to the united states of america. and then we can outline what actions might be taken. but first condemn it. >> brian: morsi's quote, god made me captain of the ship. >> steve: al he was referred to as the new pharaoh. an hour ago, the white house released a statement if the congress fails to extend the tax cuts. >> i'm holding the report in my hand. president obama recently stated the middle class should not be held hostage while congress debates tax cuts for the wealthy. he wants congress to agree on keepin
community and for our country. i wish president obama had not accepted this resignation. but i understand and respect the decision. petraeus is one of america's best and brightest and all americans should be grateful for his service. no doubt. david petraeus, the most decorated military officer of his generation. turned around the war in iraq. arguably in afghanistan. depending on how you see things. many people are saying this has to do with something more than sex. it just doesn't add up. the day after the election. the white house learned about. this. >> is that when they learned about it? >> well, some sources say they knew about it for months. >> well, it's going to be great fodder for discussion for four hours. that age old question. >> absolutely. it's an affair. it's bad judgment. a bad decision. should that negate your fantastic career. one of the best generals ever? >> some say when it comes to the cia. then you are compromising national security. somebody else has access to your computer. while he was originally investigated. they thought there had been a breech-breach of his c
of pennsylvania avenue, president obama gets ready to sit down with congressional leaders from both parties to try to figure out the fiscal cliff. is speaker boehner ready to make a deal anytime soon? >>> plus, major news for big business. the justice department hits bp with the biggest criminal penalty ever assessed on a corporation for the 2010 gulf oil spill. >>> and so much for the ideas that twinkies last forever. bankruptcy breaks a big-time baker. >>> good morning from washington. it's friday, november 16, 2012. this is "the daily rundown." i'm luke russert in for chuck todd who hasn't worked hard enough at all this entire election campaign, he's now going to asia to cover the president's trip. former cia director david petraeus will testify in the benghazi attacks before the senate intelligence committee. he just wrapped up testifying on the house side. petraeus' questioning comes as he now finds himself under investigation by the agency he once led. acting director michael morell has ordered the inspector general to investigate whether he used agency resources including security details,
points themselves. >> she went beyond that. she mentioned that under the leadership of president obama we had decimated al qaeda. she knew at that point in time that al qaeda was very likely responsible in part or in whole for the death of ambassador stevens. >> i think ambassador rice has been treated unfairly. >>reporter: if you put to one side the disagreement and the noise today, there is an important fundamental finding. what the former c.i.a. director said is that he believes right out of the gate that benghazi was a terrorist attack. we were told from a congressional source that ten days after the attack, september 21, there were no lingering doubts about the fact that it was terrorism. it was after the 21st that president obama was reluctant to use the word "terrorism" and said that the investigation was ongoing. >>trace: a lot of questions. thank you, catherine, from capitol hill. lawmakers who were in the hearings are now responding from both sides of the political aisle and we will hear from both sides coming up and president obama and the house speaker at the same table. again
obama and congressional leaders kick off talks to avoid the looming fiscal cliff. >> what folks are looking for and i think all of us agree on this, action. they want to see we are focused on them, not focused on our politics here in washington. >> the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness we put revenue on the table as long as it's accompanied by significant spending cuts. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. >> the president also had a special message for the speaker. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a
. president obama is starting off the so-called lame duck session with a renewed push to lawmakers and labor officials today to avoid the looming fiscal cliff set to hit at the end of the year if bush-era tax cuts expire and automatic spending cuts kick in. >>> anti-virus software developer john mcafee is wanted by police officials for questioning in the murder of his neighbor. american gregory fall was found dead of a gunshot wound on saturday night, just days after he'd filed a formal complaint against mcafee for, quote, roguish behavior. according to the associated press, other neighbors have been questioned, but mcafee has not been available at his home. >>> intelligence rising in the middle east as israel's army claims it has made direct hits on syrian military vehicles. the move comes in retaliation for a syrian mortar shell landing in the israel-controlled golan heights. this as cross-border bombings between turkey and syria threaten to draw the region into the ongoing syrian crisis. meantime this morning, israeli air strikes struck the gaza strip as retaliation for rocket attacks fro
Search Results 0 to 49 of about 50 (some duplicates have been removed)